This paper estimates long-run effects of a collective exchange rate adjustment on multilateral exports from China, Japan, South Korea, and Taiwan. The findings show that a 1 percent generalized appreciation of all East Asian exchange rates would reduce East Asian exports by about 3 per cent. The authors acknowledge helpful comments from Masahiro Kawai of Asian Development Bank Institute (ADBI) ...

This paper develops a dynamic general equilibrium model which tries to reconcile the observation that aggregate movements of exports and imports are "disconnected" from real exchange rate movements, while …rm-level exports co-move signi…cantly with the real exchange rate. Firms are heterogenous, facing recurrent aggregate and product-speci…c productivity shocks, choose which goods to export, an...

this paper evaluates the real exchange rate fluctuations and uncertainties resulting from it, in the iranian economy. for this purpose, at first indirect effect of real exchange rate uncertainties on economic growth through foreign investment, private investment and exports are expressed, then the real exchange rate uncertainties and its relationship with economic growth and final pattern of in...

the agriculture of iran in addition to supplying domestic needs through agricultural exports in foreign trade contributed and exports products are more stable than other sectors. so, developing and expanding of exports can be a ground for iran in global markets. thus, the role of supportive policies in developing export to identify parameters affecting and suppling of agricultural exports of ir...

This paper examines the effect of value-added taxes (VATs) on international trade. Destination-based VATs are commonly thought to encourage exports, since exports are exempt from tax while imports are taxed. Economic theory implies that exchange rate adjustment prevents destination-based VATs from affecting exports and imports, since exchange rate appreciation completely undoes the effects of i...

OS/as S. Batten is a senior economist and Michael 11 Be/on gia is an economist at the Federal Resenie Bank of St Louis. Sarah R. Driver provided research assistance. ‘Chattin and Lee (1983), p. 19. ‘Schuh (1984), p. 244. Other papers drawing a similar causal relationship between exchange rates and agricultural exports include Chambers and Just (1982), Tweeten (1983) and Hathaway (1983). The pro...

as the world trade is growing, exchange rate acts as a bridge between different economies and its volatility can affect price level, output, exports and imports. the purpose of this study is to investigate the effects of real exchange rate volatility on the export demand for the two products of apple and potato in the nine developing counteries of producing and exporting the two products during...